AHEAD GROUP NORWAY AS: årsregnskap 2021 vs 2020
Shrank 51% on revenue, stronger earnings
approved 2021-12-01; registry 2022-06-23; journal 2022 499266
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AHEAD GROUP NORWAY AS. Revenue 11.67m NOK → 5.71m NOK (-51.1%). Net result -27.91m NOK → -7.72m NOK. Equity 188.53m NOK → 174.76m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AHEAD GROUP NORWAY AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -23.08m NOK → -4.60m NOK (op. margin -197.8% → -80.7%). Calculated
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Net result improved
Net result -27.91m NOK → -7.72m NOK (net margin -239.2% → -135.3%). Calculated
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Payroll decreased
Salary cost 12.62m NOK → 8.41m NOK (108% → 147% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 11.67m NOK to 5.71m NOK (-51.1% YoY). Calculated
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Equity eroded
Book equity 188.53m NOK → 174.76m NOK (equity ratio 67.4% → 65.9%). Calculated
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Cash fell
Bank deposits 292.0k NOK → 250.6k NOK (-14.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 259.17m NOK → 250.37m NOK. Reported fact